AGP Executive Report
Last update: 6 hours agoBanking & Markets: Wall Street pushed higher near records as Treasury yields steadied and oil eased, lifting the S&P 500 and Nasdaq; ASX futures pointed to a modest gain after a flat close, with investors watching bond-market stress. Housing & Credit: People First Bank says buyers are holding back as the housing market cools, with house prices down 6.4% in 2026 and RBA rate pressure feeding higher mortgage costs and valuation uncertainty. Super & Fraud: Australians are being targeted by sophisticated LinkedIn job scams, with the ACCC citing large reported losses tied to fake recruiter profiles and paid “resume help.” Fintech & IPOs: AI infrastructure start-up Firmus is preparing a major ASX float, targeting a $43.7b valuation and raising at least $7b, as fund managers wrestle with how to value a business with limited financial history. Banking Accountability: Commonwealth Bank faces investor pressure over deforestation-linked lending disclosures ahead of its AGM. Workplace Safety: A new study finds only a small share of domestic-violence survivors get real workplace support, despite employers feeling confident—highlighting a major gap in practical help.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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